OneCoin under criminal investigation in Finland, prosecutors involved

Unfortunately that investigation focused on whether or not OneCoin was a legitimate cryptocurrency. That saw the investigation stall when became apparent Finnish authorities had no way to verify if OneCoin had a cryptocurrency.

That was a year and a half ago, with Finnish authorities today revealing a new criminal investigation into OneCoin is well underway.

The initial OneCoin cryptocurrency investigation was handled by the NBI, a national regulation agency. The new criminal investigation is being conducted by Ostrobothnia’s police department.

Ostrobothnia is a region in Finland’s west and has a population of about 180,000.

There are several different criminal reports and they are all linked to Onecoin.

The idea is that the separate notifications will create a crime when we are ready, says commissioner Antti Perälä, who is leading the preliminary investigation and is a new leader in economic crimes investigation at the agency in Vaasa.

The reports have been filed by Finnish tax authorities and the general public.

With the investigation ongoing, Perälä declined to comment on the nature of the economic and financial crimes OneCoin is suspected of committing.

He did however clarify that the current investigation has nothing to do with the earlier NBI investigation.

Authorities have however already moved in on ‘one of the most central Onecoin figures in Ostrobothnia‘.

The individual was not identified but Perälä did confirm a search warrant lead to their car being seized. Perälä states that as he’s only recently joined the investigation, he’s unsure whether the seizure was directly connected to the current criminal investigation.

When the Ostrobothnia investigation will conclude is unclear.

According to Perälä though, the investigation thus far has raised ‘suspicions of crimes so strong that the matter will proceed to prosecutor’s office.‘

Wahlroos is Finnish. He’s a former victim of WinCapita, Finland’s largest ever ponzi scam. He’s said to have lost €10-20K in that, but learned what it took to be a top leader and always on the “net winning” side thereafter.

Do you remember when OnecOin positioned itself as the” Bitcoin killer” and Kari Wahlross was keen to indicate that he hated Bitcoin when he visited us here early last year.

Seems he has had a radical change of mind as he has bought four high performance cars in the last year –A Bentley Bentayga, an Aston Martin DB 11, a McLaren 720 LT and a Ferrari Spider 488..

You have guessed it-he paid for the cars in Bitcoins and if he had waited til now (AS HE WOULDN’T NEED THEM IN ASIA WHERE THE TUKTUK IS QUICKER) he could have bought 16 similar cars for the same number of Bitcoins.

But never mind you OneCoiners your coins were doubled last October when the number of supplied coins were increased sixty fold.

When Kari indicated there were loads of restaurants in Latvia where he could use his coins we all assumed it was OneCoins but maybe he was circumventing the truth . We will never really know as Bitcoin doesn’t need KYC (which takes months unlike OneCoin

And normal Affiliates can not access a cent as the exchange is closed –Happy Mondays KARI and fucking Mondays to the rest of the chickens.

Actually Oz I think spending 4 million Euros of investors money on fancy cars is of significance and should be shared. Many normal investors will be losing 5000 k for their tycoons which would probably just cover the car polish for these vehicles –sometimes it is about perspectives and closing down schemes. I would also like to point out that OneCoin accepts Bitcoin to pay for the packages and a major leader uses the currency for his real exorbitant (actually gross)purchases. Yet he is an avowed Bitcoin Killer-greed and hypocrisy and confrontation is also worth the effort..
For those in the know I really imagine the no of bitcoins which are used to purchase OnecOins must be really low as I assume Bitcoiners can tell the difference between Closed ,open source ,real blockchain and OnecOin .. Anyone able to determine such levels of investment?

everyone has to make up their own mind but it looks to meas if OneCoin is on its last legs and just playing out the end.

sO i am wondering wht is the bset practivce for those who have been duped to shoose to register their involvement for anumber of reasons;

To be on the list of creditors when the Receiver recovers funds.

To ensure that the persuader above them is identified and logged with the authorities.

To formally complain about being mis-sold.

To apologise to any downlines and make restitution.

To prepare for either individual claims or class actions against the significant uplines.

I have never seen a best practice on this assuming that means to make amends to those you may have in turn duped.

I do appreciate that many of you who joined OneCoin may be hoping that if you keep quiet there may be some money with an alleged IPO /ICO etc but that continues the pyramid scam. Whilst it is illegal it is also totally immoral to those you have brought in.

Anyone suggest the best protocol and Oz may be able to help from his considerable knowlwdge.

But hey wasn’t there an ongoing investigation as well in the UK ? And look what they published: businessforhome.org/2017/08/interview-with-dr-parwiz-daud-onelife-blue-diamond-in-the-uk/

These guys are just laughing the governments and investigators in the face, until arrests are done such as was the case with India, nothing happens and they keep scamming people.

Italy issued a fine of 2.5 Million but OneCoin keeps playing and tossing the ball around with OneLife and OneCoin. Nobody gets in trouble nor arrested there and nobody seems to bother about paying that fine.

There’s more needed than issue warnings, if you know what I mean. Investigation into the company/Companies doesn’t gets us any closer to the end of this scandalous game. Arrests and criminal complaints against individual promoters / leaders is what has to be done.

well I have to say this DR parwiz is utterly disreputable and to compare OneCoin with medicine and saving lives is obscene -remember you are “never knowingly allowed to harm” so stop pretending that you don’t know.

Kieron Vaughn and the Uk police should stop investigating and presumably there is some threshold to start bringing scammers in–it is beginning to look as if the authorities just want it to collapse and remind us that we are not covered .. This is farcical.

@cryptokill. “Dr” Parwiz Daud – complete scammer – and you are right comparing OC with medicine? There is no registered medical Doctor in the UK with that name. There is no LinkedIn entry for that name or any combination of it.

There is a twitter account in that name – with 3 followers! He’s just another Ponzi scammer pretending to be reputable. Don’t care if he attempts to sue me.

In Onecoin you’re simply a scammer or a victim. Truth is the ultimate defence anyhow.

I do wonder why the City of London Police aren’t arresting people by now. My interest only started because a well known OC scammer tried to rope my other half in …….and have been intrigued for 10 months whilst OC carries on.

Can someone explain why (especially in view of the amount of money involved) there isn’t a concerted Europe wide effort to stop it ?

Timothy Curry:
Wahlroos is Finnish. He’s a former victim of WinCapita, Finland’s largest ever ponzi scam. He’s said to have lost €10-20K in that, but learned what it took to be a top leader and always on the “net winning” side thereafter.

Can someone explain why (especially in view of the amount of money involved) there isn’t a concerted Europe wide effort to stop it ?”

By whom?

The police are more interested in murders and rapes than wannabe scammers who get played.

As for regulators, in my own country the UK Financial Conduct Authority has no interest in Ponzi schemes – as long as you don’t tread on their patch by carrying on a “regulated activity” you’re not their problem, and Ponzi schemes aren’t regulated activity.

Elsewhere in Europe, it appears to be a mishmash of central banks, financial regulators and lottery/gambling regulators that have issued warnings about OneCoin, most of which have no real powers of prosecution.

What kind of joint effort do you envisage between the Swedish Gambling Authority and the Central Bank of Austria?

You want an international effort to stop people investing in Ponzi schemes? You’re reading it. It doesn’t get any better than this.

A common defence of Ponzi schemes is “If it was a scam the Government would have shut it down”. Which is why we need to tell people, loud and clear, that the Government doesn’t shut scams down, they only sweep up the mess afterwards.

The Government doesn’t care. Nobody cares. If you want to throw your money away on get rich quick schemes then you’re on your own.

After about 18 months of dealing with these scammers I ma afraid Malthusian is right -if people want to be duped they will be-and don’t expect the authorities to intervene.

Yes it is the best thing to undermine in these channels and also to embarrass the leaders on a daily basis.

So as I anticipated after all the promotional activityand references to splits and difficulty barometers the coin vale would increase .. With the announced figure this week there is another Quarter of a trillion Euro capitalisation and that makes the value of OneCoins about 3 trillion.

Even Brexit pails into insignificance with that –maybe Teresa May should pay the EU in OneCoins as they seem to be doing better that sterling at the moment -that is what we need thinking outside the box.

OH dear -all you poor Affiliates who have squandered your future for their current Ferraris, Bentleys etc.

Since the establishment of the Company, all OneLife members enjoy being part of a fast-paced and rapidly developing company, leading to the creation of one of the LARGEST NETWORKS in the world!

The Promotional tokens assigned upon the member’s request with each education package provide all members with the UNIQUE opportunity to participate in the mining process of the OneCoin cryptocurrency (ONE) from its initial stages.

Split strategies and upgrades will now be altered to fit the strategic preparations for ICO 2018

-so whats the big deal?

Well, ICO (initial coin offering) is exactly what it sounds like.

Its used in startup cryptocurrencys to fund the coin/project. With an ICO they can basicly buy a “premined” cryptocurrency (Google it, tons of places to buy your own Altcoin) then using their SQL database they can assign the amount of coins/icos the user have bought in the ICO with their ponzi-points.

Its the only thing that makes sense.

Onecoin has always said they are a cryptocurrency, event tho they clearly (and proven) dont even have a blockchain.

Well now they offer People to trade their ponzi-points for an actual cryptocurrency. As states by them “its holds No value” which is true, it Will crash and burn on the market.

MOI:
Ruja and Arens really aggresive. Trying to scam even more people.

This one is a true gem:

the Merchant Platform DealShaker, exclusively provided to OneLife Network, has sparked instant interest. In less than 9 months since the opening of the BETA version of the website, it has attracted close to 50K online sellers and merchants worldwide!

Tim linked an analysis of the DealShitter platform here some time back, here’s the link for refresher:

The SEC’s Office of Investor Education and Advocacy is warning investors about potential scams involving stock of companies claiming to be related to, or asserting they are engaging in, Initial Coin Offerings (or ICOs).

Fraudsters often try to use the lure of new and emerging technologies to convince potential victims to invest their money in scams.

These frauds include “pump-and-dump” and market manipulation schemes involving publicly traded companies that claim to provide exposure to these new technologies.

loads of promotional offers, splits, free additional tokens, and an increase in the value of the coin .. Sounds like heavy marketing and remember splits are associated with slowing sales not increasing as is pumped at meetings.

So the Lisbon Conference is up in early October so in line with normal hype there will be some significant announcement made there which will have no impact other than extend the ICO /IPO again.

Then it will go very quiet for along time as more and more of the leaders exit quietly leaving the second and third strings to fill the void -nature abhors a vacuum after all ..

Perhaps Pehr Karlsson would like to tell us why he has left or is he going to Portugal to meet up with his Irish protégées–Barrett and Shaw.

Remind him that one of the guys in the background will be JOHN BARRETT -the ex Pioneer here in Ireland who emigrated rather quickly about 6 months ago to Portugal -with no known address there.

He organised a training session three weeks ago in Lisbon and is a serious scammer -previously involved in Banners Brokers and a charlatan-he needs to be stopped as he had let down over 3000 Recruits here in Ireland.

If any of you establish his address and nearer the time where the October Conference will be in Lisbon let us know. Would be nice to issue a summons on the stage-personally served.

LNbn –Sorry that you have a cough but this is something which may get you better?

Pehr Karlsson joined OneCoin in October 2014 and was gracious enough to sit very doggedly by her right had side during her attendance at the prestigious Bulgarian Business woman of the year Award in Sofia in Dec 2014.

She scooped the award 6 weeks after setting up her One Coin pyramid cryptoscam (or whatever it was /is these days -No mention of Big Coin and her earlier failed ventures before she invented this business so I guess she either really hit the ground running in 6 weeks, the competition was shit or she bought the title.

Evgeni Menshev hosted the event and he ran her recent birthday party for her -he is in Bulgarian PR which may explain his continuing love and relationship with Ignatova.

Pehr wasn’t invited to the party as he is alleged to have fallen out with OneCoin (along with his own business partner-Juha) He is alleged to have been told to “keep silent” either as part of a buy out or for other reasons.

He hasn’t let me know yet but I shall ask again. John Barrett and other Pioneers here in Ireland advertised that she won on two occasions in 2014 which was true but also two years in a row but their promotional leaflet indicates that she also won in 2012 but it was awarded by Forbes Magazine (Category International Business -so Bulgaria goes global!!!

Cough cough -it must be contagious.

youtube.com/watch?v=SfK3cLCT_fY

I guess we should email Jordanka Fordanska -the lady Mayor of Sofia or perhaps one of our Bulgarian contacts might like to clarify.

With numbers like these you would have thought that Ruja and Company would have been included in every business textbook in the world and journalists would have been crawling all over them to know the secrets of their success.

Actually Ruja maybe you should be buying Microsoft,Facebook and Apple together as part of your conquest for world domination.

Oh and as an additional info: number of Dealshaker deals has not changed during the last week. I’ll repeat so that the donkeys get it too: the number of open deals has been exactly the same, in every category, in every sub category, every day, for 7 days.

Let that sink in.

Can you imagine any other merchant platform where no new items are put on sale and no existing items are sold out for a week? No?

Searching for a Onecoiner to clarify one thing for me, because I seem to not get it right… if it is all about education and not about “investing”, “profit” and such… how shall I understand this sentence from the Onelife Newsletter:

“…the POWER PACK will give you three educational packages in one and will bring you up to 7 splits all at ONCE!”

If it is about education, how can it be of value or interest to someone to double or triple his/her “educational coins” ?

Asphyx:
If it is about education, how can it be of value or interest to someone to double or triple his/her “educational coins” ?

Oooooh! You’re missing the more interesting question:

If it is about education, why would anyone buy three educational packages (all at once) when all the educational material of the two smaller packages is included to the third package by default? Why don’t they just buy the third package (which is also sold alone) and get all the same “education” for ~50% cheaper?

On Facebook Kari Wahlroos’ Uk tour is at the Holiday Inn Kensington at 130pm Saturday and the Thistle Hotel Euston at 130 Pm Saturday.

Although I live many miles North of London I am there on Sat. Just wondering which one I should pop in to in order to ask sensible (but awkward) questions? Or is Kari such a clever scammer he can be in 2 places at once?

Wish the City of London Police would get their act together and arrest the parasite. Hey ho…..

strangely, we never hear these guys crowing about all the wonderful stuff they’re buying up from dealshaker. they have such a poor consumer culture and are just such boring social activists selling education education education like All The Time! 🙁

lighten up guys, you’re living in the age of consumerism, and when you’re getting expensive cars [and even a villa or two] for zero cash + some onecoins, why the hell wont you frigging Consume??

1. Tell Kieron Vaughn of CitYof London Police that kari is scheduled together with Tim Penman of the Mirror newspaper.

2. Get someone to issue a summons on him =preferably on stage and get the service videod-a claim of mis selling for a starter pack will be fine.

3. have hand out circulated in the room for the tricky questions -which there are thousands of.

Knowing kari he wont answer credibly any of the questions and will try to bully his Agenda and that is why paperwork will be handy -put the OnecOin logo on it and circulate it when you ask your first question.

If there are a number of you you should be able to circulate that readily between you all.

Bring your own bouncer.

I WOULD ASK ABOUT THE UPCOMING ICO AND ASK WHERE IT IS GOING TO BE HANDLED AND THE EFFECT OF THE CHINESE CRACKDOWN . REMIND HIM THAT WE WERE ORIGINALLY SUPPOSED TO GO PUBLIC ABOUT A YEAR AGO IN GERMANY (HE SAID THAT IN DUBLIN).

HE WON’T HAVE AN IDEA JUST LIKE THE BLOCKCHAIN TRAINING IN MACAU AND HOPEFULLY WILL JUSRT LOOK EVEN MORE STUPID THAN NORMAL -QUITE A CHALLENGE